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Residential home sales remain steady in October, with a 2.2 percent increase in market activity, according to the Maryland Association of REALTORS® (MAR). Home prices showed strong gains, with a rise of 7.5 percent in average prices and a gain of 7.3 percent for median price, as compared to the same time period in 2016

The month of September revealed continued steady sales with a 6.3 percent rise in home sales, according to the Maryland Association of REALTORS® (MAR). Once again, the smaller rural counties posted declines while the more populated areas had strong sales. Average and median prices made modest gains statewide, with increases of 0.2 and 3.8 percent respectively, as compared to September 2015.

GCAAR is pleased to update its market information through a partnership with ShowingTime RealEstate Business Intelligence (RBI). Monthly analysis of theWashington, DC and Montgomery County, MD housing markets gets more detailed attention here, while GCAAR continues to be your source for ear-to-the-ground reporting from our REALTOR® members.

Home sales increased by more than 21 percent in February, according to the Maryland Association of REALTORS®, (MAR). All but two Maryland counties posted double digit and, in one case, triple digit increases in sales as compared to the same time period in 2015. Caroline County posted a modest 3.7% gain. Worcester County recorded a 12.9 decrease in sales. Average prices saw a modest increase of 2.5 percent and median prices rose by 1.5 percent as compared to February 2015.

The first month of the new year has started with great promise with an increase of 14.2 percent in home sales, according to the Maryland Association of REALTORS®, (MAR). As compared to January 2015, average prices rose by 2.5 percent and median prices increased by 4.8 percent. Once again, smaller counties continue to experience declines in average and median price. Most notable Kent County with a decline of 32.2 percent and Talbot County with a decrease of 31.4 percent as compared to January 2015.

The housing statistics for November reflect a surprising increase in both average and median prices, according to the Maryland Association of REALTORS® (MAR). In a reversal from previous months, average prices rose by 3.0 percent and median prices by 3.2 percent. Overall, home sales climbed by 8.2 percent as compared to November of 2014. However, eleven counties saw declines in housing sales ranging widely from 1.6 to 42.1 percent

June monthly housing statistics continue the year-long trend of a robust residential sales market, according to the Maryland Association of REALTORS® (MAR). Home sales rose by more than 22 percent in last month, compared to June 2014.

The Maryland Building Industry Association announced the 2015 Custom Builder Awards at a ceremony at the Greenbelt Marriott. The Custom Builder Awards showcase the outstanding work of builders, architects, designers and construction professionals in the region.

Existing homes sales in Maryland surged more than 20 percent in April, compared to April 2014, according to the Maryland Association of REALTORS® (MAR). Pending units, homes under contract, also rose significantly, by almost 20 percent, indicating a continued strong market as summer approaches. Active inventory rose slightly, while months of inventory—the supply of homes available for sale, dropped again, to 4.8 months. Six months of inventory is considered ideal.

County Executive Ike Leggett today released his Recommended FY16 Operating Budget of $5.1 billion for the year that begins on July 1, 2015 – a budget that increases County government tax-supported spending by only 1.1 percent while cutting the County property tax rate by about one cent. The balanced budget closes an estimated $238 million gap

WASHINGTON, D.C. - March 15, 2013 - (RealEstateRama) -- Montgomery County Executive Isiah Leggett today announced his recommended $4.8 billion operating budget for fiscal year (FY) 2014 that begins July 1. Leggett’s budget holds the line on property taxes at the County Charter level below the rate of inflation. His recommendation includes a tax-supported County government budget of $1.3 billion, up 3.9 percent, which is half of last year’s increase

Asheville, NC - May 3, 2012 - (RealEstateRama) -- Here’s a new and exciting concept in buying a second home; buy a million dollar luxuriously furnished lakefront home on beautiful Deep Creek Lake in Garrett Country, MD for one-eight the price, and get a new top of the line 24’ Bennington Lake Cruiser on your own private dock, thrown in?

Denver, OC - March 22, 2012 - (RealEstateRama) -- The RE/MAX Central Atlantic Region presented Joe Sabelhaus of RE/MAX Town Center (Germantown, MD) with both the Broker/Owner of the Year and Eagle Awards for his outstanding performance in 2011. These prestigious awards recognize outstanding Broker/Owner(s) who demonstrate extraordinary commitment and loyalty to their RE/MAX Associates, employees and clients.

Rockville, MD - September 12, 2011 - (RealEstateRama) -- The following analysis of the Washington, D.C. Metro Area housing market has been prepared by housing market expert Jonathan Miller of Miller Samuel, based on the August 2011 RBI Pending Home Sales IndexTM released today:

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U.S. Senators Ben Cardin and Chris Van Hollen, Congressmen Elijah Cummings, Dutch Ruppersberger and John Sarbanes (All D-Md.) have announced more than $1 million in affordable housing grants for Baltimore City and the region, including: $322,500 for the Neighborhood Housing Services

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